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Los Angeles, CA -- (SBWIRE) -- 05/14/2019 -- A slow cooker is a countertop electrical cooking appliance that cooks at a low temperature with optimum cooking time. The global slow cooker market includes manual and automatic types of slow cookers. Based on the capacity, the product is segregated into 0-1 gallon and above 1 gallon capacity cookers.
During 2017, the automatic segment accounted for the major shares and dominated this market. Automatic slow cookers need to be programmed once by adjusting cooking temperature and time and then they start cooking the ingredients. Additionally, slow cookers have higher growth opportunities because the product penetration is high since the product are sold through various distribution channels and optimum value proposition and brand equity. Factors such as the non-requirement of manual intervention will contribute to the growth of this segment in the slow cooker market during the next few years.
This market study estimates that in terms of geographic regions, the Americas will be the major revenue contributor to the slow cooker market by 2023. With the increasing obesity rates, people in these regions have become more conscious of their dietary habits and health. This increases the preference of customers towards cooking healthy food at home and will in turn, augment the purchase of kitchen devices and appliances such as slow cookers.
This report studies the Slow Cookers market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Slow Cookers in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Breville Group Limited
Hamilton Beach Brands
Focus Products Group International
By the product type, the market is primarily split into
By the end users/application, this report covers the following segments
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